421 E MONETA AVE Active

Peoria Heights,IL 61616

$ 1390000

- Bed

- Bath

23200 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 23,200 sqft

Price per Sqft $59

MLS Listing ID PA1252879

Originating Board rmlsa

Annual Tax Amount $10,483

Tax Year 2023

Lot Size 1.270 Acres

Acres 1.27

Property Description

The current owners have put siginificant work and upgrades into this neighborhood storage facility located in Peoria Heights, IL. The property features 89 self storage units and 4 additional leaseable spaces for warehouse or commercial use. There is a 65' x 50' two story warehouse building, a 5,500 sq. ft. building with 3 contractor bays, a second floor storage unit at 1,600 sq. ft., and a commercial unit with 2 offices, kitchen and full bathroom/shower. This business has favorable supply statistics and several new developments within a 5 mile radius. The property provides room to expand with outdoor leasing or construction of new units. There are also several contiguous properties that provide options for expansion in the small industrial zoned area surrounded by neighborhoods. Gross Income, Operating Expense and NOI in listing are pro forma.

Location

State IL

County Peoria

Area Paar Area

Zoning Industrial

Direction Located between Moneta and Marietta

Interior

Heating Forced Air,Gas,None,Other

Cooling Office Only

Flooring Concrete,Tile/Vinyl

Fireplace N

Exterior

Fence No

View true

Roof Type Composition Shingle,Metal,Other

Garage 1

Building

Faces Located between Moneta and Marietta

Sewer Public Sewer

Water Municipal/City

Structure Type Aluminum Siding,Block,Steel Siding,Frame,Masonry

Others

Tax ID 14-21-477-046

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